COWICHAN
A nearly $890 million replacement project for Duncan’s Cowichan District Hospital has taken a major step forward as land clearing at the Bell McKinnon Road site begins.
Initially scheduled for 2021, the North Cowichan property near the intersection of Herd Road and the Trans Canada Highway is being cleared this month ahead of a construction start planned for 2023, pushing the hospital’s completion target to 2027 after some three and-a-half years of building.
ESQUIMALT
A landmark condominium project coming soon to Esquimalt’s Gorge Waterway is now selling one, two and three-bedroom residences with ‘junior’ floorplan options.
Central Block, from Victoria-based developer Abstract Developments, is comprised of 99 suites at pricing from $339,900. Nearly 40 per cent of Central Block’s inventory is priced below $500,000 and over 80 per cent of homes are available from under $750,000.
Slated to begin construction next March, the six-storey Central Block will rise in the former location of the Gorge Pointe Pub opposite Gorge Park’s Tillicum Road entrance, offering unimpeded views of the picturesque Gorge Waterway from many homes, and park, city and urban canopy views from most units.
REGIONAL BC Housing has started work on the last of six facilities announced in the spring of 2021 to house individuals in the Capital Region experiencing homelessness or who may be at-risk of homelessness.
As construction winds down on five buildings in Victoria, Saanich and Central Saanich, crews have begun preliminary work on a 56-unit complex at 953-959 Balmoral Road in Victoria’s North Park neighbourhood.
The five-storey low-rise will be operated by the Cool Aid Society as permanent housing with support services, and is scheduled for occupancy in 2023.
Collectively, the six builds will contribute nearly 300 permanent supportive homes as part of a provincial plan to address homelessness in the Capital through the creation of 24/7-managed housing solutions.
SAANICH
A nearly 100-unit rental proposal is in motion from telecommunications giant TELUS and Victoria-based Aryze Developments for several parcels at Feltham Road and Tyndall Avenue in Gordon Head.
Planned for 1805-1811 Feltham Road, TELUS and partner Aryze are working to redevelop a TELUS network facility into TELUS Living, a five-storey, purpose-built rental project that would provide high density housing to Gordon Head in addition to network infrastructure for the telecom.
Although the proposed building height and density are a departure from the immediate area’s built form, a document drafted by Aryze’s Director of Development, Chris Quigley, for the District of Saanich and the local community describes the effort as taking “an existing public utility site and [transforming] it into a much-needed rental housing development while also continuing to deliver critical telecommunications infrastructure.”
VICTORIA
A 488-unit rental project envisioned for the 100-block of Gorge Road East in the Burnside Gorge neighbourhood could also include a significant public realm improvement along the Gorge Waterway.
Proposed for 129-135 Gorge Road East, property owner Belmont Properties and partner Intracorp Projects have unveiled plans for a five-building redevelopment of the Oxford Motel (turned rental complex) and three rental blocks known as the Gordreau Apartments. The existing density totals 200-units, and is described by the proponents as nearing its end-of-life.
Belmont and Intracorp, along with architectural firm IBI Group, have designed a two-phase masterplan that will deliver 488 new residential units on the land, padding the City of Victoria’s rental housing stock by 288 net rental homes.
Victoria-based Alpha Project Developments has proposed its latest residential investment in the James Bay neighbourhood’s legislative precinct.
Planned as a seven-storey complex at 475 Kingston Street, the lowrise will include approximately 60 up-market condominium suites in one, two and three-bedroom configurations, along with ground oriented, family-sized layouts.
The majority of the property is presently a surface parking lot, as is an expansive province-owned parcel immediately to the east known as the ‘Q-Lot,’ currently planned as future office space for government ministries.
A boutique pre-sale comprised of seven three-bedroom plus-den townhomes is coming soon to Victoria’s Fairfield neighbourhood.
Known as Seven by Aryze, the offering represents an evolution in design from a firm known for its innovative, market-leading infill projects, at a time when ‘missing middle’ housing is top of mind among urban homebuyers.
Situated at 931 McClure Street – a quaint no-through lane between Vancouver and Quadra streets – Seven’s location is within short walking distance to the heart of downtown Victoria, Cook Street Village, and the Dallas Road waterfront.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.
The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.
The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.
QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.
Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.
This report by The Canadian Press was first published Sept. 6, 2024.
In the quest to find cities where renters can enjoy the best of all worlds, a recent study analyzed 24 metrics across three key categories—Housing & Economy, Quality of Life, and Community. The study ranked the 100 largest cities in Canada to determine which ones offer the most to their renters.
Here are the top 10 cities that emerged as the best for renters in 2024:
St. John’s, NL
St. John’s, Newfoundland and Labrador, stand out as the top city for renters in Canada for 2024. Known for its vibrant cultural scene, stunning natural beauty, and welcoming community, St. John’s offers an exceptional quality of life. The city boasts affordable housing, a robust economy, and low unemployment rates, making it an attractive option for those seeking a balanced and enriching living experience. Its rich history, picturesque harbour, and dynamic arts scene further enhance its appeal, ensuring that renters can enjoy both comfort and excitement in this charming coastal city.
Sherbrooke, QC
Sherbrooke, Quebec, emerges as a leading city for renters in Canada for 2024, offering a blend of affordability and quality of life. Nestled in the heart of the Eastern Townships, Sherbrooke is known for its picturesque landscapes, vibrant cultural scene, and strong community spirit. The city provides affordable rental options, low living costs, and a thriving local economy, making it an ideal destination for those seeking both comfort and economic stability. With its rich history, numerous parks, and dynamic arts and education sectors, Sherbrooke presents an inviting environment for renters looking for a well-rounded lifestyle.
Québec City, QC
Québec City, the capital of Quebec, stands out as a premier destination for renters in Canada for 2024. Known for its rich history, stunning architecture, and vibrant cultural heritage, this city offers an exceptional quality of life. Renters benefit from affordable housing, excellent public services, and a robust economy. The city’s charming streets, historic sites, and diverse culinary scene provide a unique living experience. With top-notch education institutions, numerous parks, and a strong sense of community, Québec City is an ideal choice for those seeking a dynamic and fulfilling lifestyle.
Trois-Rivières, QC
Trois-Rivières, nestled between Montreal and Quebec City, emerges as a top choice for renters in Canada. This historic city, known for its picturesque riverside views and rich cultural scene, offers an appealing blend of affordability and quality of life. Renters in Trois-Rivières enjoy reasonable housing costs, a low unemployment rate, and a vibrant community atmosphere. The city’s well-preserved historic sites, bustling arts community, and excellent educational institutions make it an attractive destination for those seeking a balanced and enriching lifestyle.
Saguenay, QC
Saguenay, located in the stunning Saguenay–Lac-Saint-Jean region of Quebec, is a prime destination for renters seeking affordable living amidst breathtaking natural beauty. Known for its picturesque fjords and vibrant cultural scene, Saguenay offers residents a high quality of life with lower housing costs compared to major urban centers. The city boasts a strong sense of community, excellent recreational opportunities, and a growing economy. For those looking to combine affordability with a rich cultural and natural environment, Saguenay stands out as an ideal choice.
Granby, QC
Granby, nestled in the heart of Quebec’s Eastern Townships, offers renters a delightful blend of small-town charm and ample opportunities. Known for its beautiful parks, vibrant cultural scene, and family-friendly environment, Granby provides an exceptional quality of life. The city’s affordable housing market and strong sense of community make it an attractive option for those seeking a peaceful yet dynamic place to live. With its renowned zoo, bustling downtown, and numerous outdoor activities, Granby is a hidden gem that caters to a diverse range of lifestyles.
Fredericton, NB
Fredericton, the capital city of New Brunswick, offers renters a harmonious blend of historical charm and modern amenities. Known for its vibrant arts scene, beautiful riverfront, and welcoming community, Fredericton provides an excellent quality of life. The city boasts affordable housing options, scenic parks, and a strong educational presence with institutions like the University of New Brunswick. Its rich cultural heritage, coupled with a thriving local economy, makes Fredericton an attractive destination for those seeking a balanced and fulfilling lifestyle.
Saint John, NB
Saint John, New Brunswick’s largest city, is a coastal gem known for its stunning waterfront and rich heritage. Nestled on the Bay of Fundy, it offers renters an affordable cost of living with a unique blend of historic architecture and modern conveniences. The city’s vibrant uptown area is bustling with shops, restaurants, and cultural attractions, while its scenic parks and outdoor spaces provide ample opportunities for recreation. Saint John’s strong sense of community and economic growth make it an inviting place for those looking to enjoy both urban and natural beauty.
Saint-Hyacinthe, QC
Saint-Hyacinthe, located in the Montérégie region of Quebec, is a vibrant city known for its strong agricultural roots and innovative spirit. Often referred to as the “Agricultural Technopolis,” it is home to numerous research centers and educational institutions. Renters in Saint-Hyacinthe benefit from a high quality of life with access to excellent local amenities, including parks, cultural events, and a thriving local food scene. The city’s affordable housing and close-knit community atmosphere make it an attractive option for those seeking a balanced and enriching lifestyle.
Lévis, QC
Lévis, located on the southern shore of the St. Lawrence River across from Quebec City, offers a unique blend of historical charm and modern conveniences. Known for its picturesque views and well-preserved heritage sites, Lévis is a city where history meets contemporary living. Residents enjoy a high quality of life with excellent public services, green spaces, and cultural activities. The city’s affordable housing options and strong sense of community make it a desirable place for renters looking for both tranquility and easy access to urban amenities.
This category looked at factors such as average rent, housing costs, rental availability, and unemployment rates. Québec stood out with 10 cities ranking at the top, demonstrating strong economic stability and affordable housing options, which are critical for renters looking for cost-effective living conditions.
Québec again led the pack in this category, with five cities in the top 10. Ontario followed closely with three cities. British Columbia excelled in walkability, with four cities achieving the highest walk scores, while Caledon topped the list for its extensive green spaces. These factors contribute significantly to the overall quality of life, making these cities attractive for renters.
Victoria, BC, emerged as the leader in this category due to its rich array of restaurants, museums, and educational institutions, offering a vibrant community life. St. John’s, NL, and Vancouver, BC, also ranked highly. Québec City, QC, and Lévis, QC, scored the highest in life satisfaction, reflecting a strong sense of community and well-being. Additionally, Saskatoon, SK, and Oshawa, ON, were noted for having residents with lower stress levels.
For a comprehensive view of the rankings and detailed interactive visuals, you can visit the full study by Point2Homes.
While no city can provide a perfect living experience for every renter, the cities highlighted in this study come remarkably close by excelling in key areas such as housing affordability, quality of life, and community engagement. These findings offer valuable insights for renters seeking the best places to live in Canada in 2024.
